Detailed text transcripts for TV channel - FOXNEWS - 20121209:21:33:00
Allow the president to negotiate more on entitlement cuts? >> there is a lot of ways republicans have said this, there are ways to raise revenues. loop homes are important and it would give the ability to raise the kind of revenues we need in addition, if you lower the rates you will get more paid in through volume. already the top 6% pay the majority of taxes for everybody else. it becomes a negotiation point as to what the definition of rich is. where does it start and how much it is going to be. republicans have signaled we are willing to talk about revenues but democrats as a congressman p...